SBA Releases New PPP Forgiveness FAQs, Lending Data
The Small Business Administration today released a new set of frequently asked questions regarding the forgiveness of Paycheck Protection Program ...
Tag: Small business lending
ABA Seeks Tax Reporting Exemption for PPP Loan Forgiveness Income
The American Bankers Association today wrote to congressional leaders urging them to exempt Paycheck Protection Program forgiveness income from tax ...
Fed Survey: Loan Demand Plummets in Second Quarter
As the U.S. economy dove deeper into recession amid the coronavirus pandemic in the second quarter, more than half of ...
ABA, State Associations Urge Passage of Streamlined PPP Forgiveness House Bill
The bill is expected to significantly reduce the paperwork burden for a vast majority of PPP borrowers.
ABA, State Associations Call for Guidance on Payment of Agent Fees for PPP Loans
The American Bankers Association and all 51 state bankers associations wrote to the Treasury Department and the Small Business Administration ...
Podcast: Coaching Business Clients Through the COVID Crisis
Beyond the immediate changes required by social distancing, the COVID-19 pandemic has "accelerated things that were in progress for a ...
SBA: Lenders May Submit PPP Forgiveness Decisions Beginning Aug. 10
The Small Business Administration today issued a procedural notice providing detailed instructions for Paycheck Protection Program lenders on the PPP ...
ABA, Trade Groups Urge SBA, Treasury: Create One-Page Form for PPP Loan Forgiveness
ABA, the Bank Policy Institute and the Consumer Bankers Association today urged the Small Business Administration and the Treasury Department ...
ABA Data Bank: Minority-Owned Small Businesses See Larger COVID-19 Effects
While the coronavirus pandemic has harmed small businesses across the board, minority small business owners report disproportionately large effects, according ...
Gallup: Two-Thirds of Small Biz Owners Optimistic
Small business owners’ optimism rebounded in late May and early June, according to the latest Wells Fargo/Gallup Small Business Index ...
